Welcome to Grant & Co

Are you...

  • Looking for a pro-active accountant who’ll help you make more profit & pay less tax?
  • Starting out in business & need financial guidance & advice?
  • Struggling with your Self Assessment tax return?

Grant & Co are an independent firm of Chartered Accountants, based in Cheltenham, Gloucestershire.

We offer a comprehensive range of cost-effective accountancy, taxation and financial services to businesses and individuals alike. We work hard to get to know you so that we can deliver personalised, timely advice on how you can improve your personal and business wealth.

Businesses

We invite you to utilise our professional expertise and skills to help you achieve your goals. Think beyond the traditional role of the accountant. We have the knowledge to assist with every stage of the life of your business from company formation and business structuring; to financial and Corporation Tax planning; to outsourcing functions such as bookkeeping, payroll and VAT; through to business succession or selling your business. We aim to actively contribute to your success and you will find our approach modern and constructive.

Individuals

We take time to understand your aims & objectives in order that we can provide the highest quality of advice on Self Assessment, tax planning, Inheritance Tax, estate planning and trusts. Tax can be a complex and confusing subject and you will appreciate the value of having an adviser who will both clarify and optimise your tax position.

To find out more about how we can help you and your business click here for an overview of our services. To find out more about us click here. To access a wealth of information visit our resource centre or view our free factsheets.

Free Tax App from Grant and Co

It’s packed full of some really useful Tax Tables, Calculators and important dates

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FREE initial consultation call 01242 223160 or use the Contact Form.


Services Individuals & businesses

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We have a range of accountancy and support services to suit both businesses and individuals.

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Resources Tools at your fingertips

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Access to really useful resources including: calculators, tax rates and allowances.

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Get in touch free initial consultation

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We would welcome the opportunity to assist you.

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The current hot topic

Brexit update

The transition period

The UK left the European Union on 31 January 2020 and the Brexit process has now moved into an 11-month transition phase. This period will be marked by the UK’s absence from all the EU's political institutions and agencies, so there are no longer British MEPs sitting in the European Parliament. However, there will be no changes to trading arrangements with the UK staying in the customs union and the single market, as well as following EU rules, during the transition period.

Here, we take a look at what will change during the transition period, what will stay the same and what to keep an eye on this year.

UK-EU trade

The UK and EU will continue to trade together during the transition period without any extra charges or checks being introduced, because the UK remains inside the EU’s trading structures. During this time, the UK will continue to be subject to EU directives, and it must continue to incorporate new EU rules into UK legislation. This means, as today, goods and services may continue to flow without tariffs, checks or regulatory restrictions.

The UK is, in effect, a non-voting member of the EU until the end of this year.

Work and Travel

For those working and travelling within the EU things will continue as normal this year.

Freedom of movement will continue to apply during the transition, so UK nationals will still be able to live and work in the EU as they currently do. The same applies for EU nationals who want to live and work in the UK.

Flights, boats and trains will operate as usual and driving licenses will remain valid. Also, UK nationals will still join the faster EU arrivals queues at passport control during the transition period.

Budget contributions

The UK will continue to pay into the EU budget during the transition. This means existing schemes, paid for by EU grants, will continue to be funded.

New relationship

Although it will be very much business as usual this year the question of what happens at the start of 2021 will hang over the next few months.

The UK is due to leave the EU’s trading structures - the EU VAT regime, customs union and single market - at 11pm on 31 December 2020. The trade talks that will take place this year will determine how much free access UK businesses will continue to enjoy in the EU after that date. This will be played off against the limited amount of alignment and rule taking the UK will be willing to accept.

Negotiations start in February and the time available to strike a deal is relatively short. Trade experts say there is insufficient time to negotiate a comprehensive free trade agreement, instead we will probably see a deal involving trade-offs between zero-tariff access and regulatory alignment.

Future trade deals

The UK is now free to start opening talks with countries around the globe with the aim of opening up new export markets for goods and services via free trade deals. Until now EU membership has prevented the UK opening trade negotiations with countries like the US, China and Australia. 

Brexit supporters argue that having the freedom to set its own trade policy will boost the UK's economy. The UK and US have both pledged to prioritise a free trade deal. However, negotiations would have to run in parallel with the EU ones, which may complicate matters, as could the US Presidential elections and the need for Congress to sign off on any agreement.

The end of the beginning

The UK’s formal departure from the EU marks the end of the beginning of Brexit and the start of a new phase. Businesses that trade with Europe will be able to carry on as usual this year but will be carefully watching developments in negotiations to see what changes they may bring for 2021.